Can a certificate of release of federal tax lien - form 668(Z) - be superseded by a new lien for the same tax year?

Asked 10 months ago - Chicago, IL

If someone gets one of these notices, does it mean that there is no more tax for that tax year? Or is it possible for the IRS to redetermine a liability for tax deficiencies, additions to tax, or penalties for that tax year at a later date? The form has a field for "last day for re-filing", which is shown as Jan 1, 2018.

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Thank you to everyone who answered.

Attorney answers (4)

  1. Judy A. Goldstein

    Contributor Level 20

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    Answered . If additional funds are owed, a new lien can be filed.

  2. Steven M Zelinger

    Pro

    Contributor Level 20

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    Answered . This question is probably more complicated than it first appears. There are a number of factual issues here that clearly need to be addressed. A "release" of lien typically means the liability for which the lien issued is paid or there is a zero balance - a withdrawal means there was some other reason to get rid of the lien. Depending on a number of factors new taxes or penalties could be assessed....just don't know enough.

    This is not legal advice nor intended to create an attorney-client relationship. The information provided here is... more
  3. Justin Eric Elder

    Pro

    Contributor Level 16

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    Answered . I couldn't really give you an answer without seeing all the relevant documentation.

    This posting is for informational purposes only. It is not legal advice, nor does it establish an attorney-client... more
  4. Richard Gordon Stack

    Contributor Level 13

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    Lawyer agrees

    Answered . The chances of the IRS filing a new lien for the same year after it has filed a release of lien are very slim. This is true because the IRS generally has only three years from the filing of a tax return to make a tax assessment, unless fraud is involved, there has been an understatement in tax of 25% or more, or the taxpayer has failed to file a return. Thus, you probably do not have to worry about another lien being filed against you for that year.

    The answer to this question does not establish an attorney-client relationship. Moreover, this attorney is... more

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